More than $2.5 Billion in Donor-Advised Fund Grants Went to Other DAFs in 2021
The IRS just released two years of long-awaited nonprofit tax filings. We found an enormous jump in DAF-to-DAF giving.
Philanthropy
Private Foundations Gave $2.6 Billion in Grants to National Donor-Advised Funds in 2021
Private foundations are currently allowed to make grants to donor-advised funds, or DAFs, and to count those grants toward their charitable distribution requirement of 5 percent of their assets each year.
The 2022 Giving Slump Exposes the Fragility of Top-Heavy Charity
When ultra-wealthy donors dominate philanthropy, our charities are less resilient.
Until the River Runs Dry
Every year, wealthy donors divert more money into intermediaries, drying up the river of donations meant for working charities. We can change that.
